Reinsurance News
Helvetia
Helvetia-Baloise merger likely to strengthen the enlarged group’s competitive position: S&P
24th April 2025
S&P Global Ratings has affirmed its 'A+' long-term insurer financial strength and issuer credit ratings on the core operating entities of the Switzerland-based insurance groups Helvetia and Baloise. The credit rating agency also affirmed the 'A-' long-term issuer credit rating on Baloise Holding AG, as well as Helvetia Global Solutions Ltd’s ... Read the full article
Helvetia and Baloise merger to create major Swiss insurance group
23rd April 2025
Swiss composite insurance groups, Helvetia and Baloise have announced their intention to join forces in a merger of equals, proposing the formation of "Helvetia Baloise Holding Ltd". The proposed entity will create the second-largest insurance group in Switzerland, with a combined market share of approximately 20% and a business volume of ... Read the full article
Helvetia and Breeze partner to revolutionise cargo insurance with advanced technology
7th February 2025
Helvetia Global Solutions Ltd (HGS), the global division of Helvetia Group that specialises in B2B2C and transport insurance solutions, has joined forces with Breeze, an insurtech company focused on cargo insurance within the logistics industry. This partnership combines Breeze’s technology with Helvetia’s expertise in international transport insurance, with the goal of ... Read the full article
Helvetia partners with coinnect to launch Cyber Insurtech platform for enhanced risk management
11th November 2024
Helvetia, a Swiss insurance provider, has partnered with Coinnect, a cyber risk management platform, to implement advanced Cyber Insurtech solutions that enhance cyber risk assessment and support clients in mitigating cybersecurity threats. Through Coinnect's AI-powered platform, Helvetia can provide in-depth risk evaluation and continuous threat monitoring, offering greater protection and favourable ... Read the full article
Helvetia appoints Bernhard Kaufmann as Group Chief Risk Officer
19th August 2024
Helvetia, a Swiss insurance group, has named Bernhard Kaufmann as the Group's Chief Risk Officer, who will also join the Group's Executive Board at the beginning of November. In May 2024, Helvetia merged its Group Risk Management into the Group Executive Management as a new Group function, which Kaufmann will lead ... Read the full article
Helvetia gets approval for UK branch to underwrite specialty lines business
30th October 2023
Helvetia Global Solutions has received confirmation from UK regulators that its authorisation to underwrite non-life insurance business in the UK has been approved and comes into effect on 1 November 2023. Helvetia has appointed Marc Davis as CEO of the UK branch, who joined Helvetia on 1 October 2022 and holds ... Read the full article
H1 marked by stability and profitable growth opportunities: Helvetia CEO
28th September 2023
In its H1 2023 results, Swiss insurer Helvetia boasted that it once again achieved profitable growth, seeing its business volume increase by 6% to CHF 6,687.0 million. According to the firm, the expansion was driven by strong growth in non-life insurance, with a significant currency-adjusted boost in all segments across the ... Read the full article
Helvetia Group completes sale of Sa Nostra Vida to Caixabank
28th November 2022
Swiss insurer Helvetia Group has sold its stake in Spanish life insurer Sa Nostra Vida to Caixabank. According to the firm, the sale price was €262m and will return a high double-digit million profit for Caser. Sa Nostra Vida contributed ₣7.7m to the Group's annual result in 2021 and generated gross premiums ... Read the full article
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